Seattle daily post-intelligencer. [volume] (Seattle, W.T. [Wash.]) 1881-1888, 1887-07-20


ID has for some time been evident
thsi the GsFman government is making
9 desperate effort 10 break down the
credit Of Russia. This Il . method Of
eyinclne hostility which IL an entire
novelty Ia international relations, ana
its result h awaited with no small de-
gree Of Interest.
Whea q vas annoanced several weeks
ago thai the Russian government was
preparing 10 place q large Fefunding
loan. Systematic warfare sRainsl Rus-
sian securities vas begun 81 Berlin.
Toe government organs commenced 10
sssAil Russian credit vigorously, and
sneh Of the Berlin bankers aud money
leaders as eould be Influenced BY the
aovsrnmsnt began 10 throw their Rus
sian bonds upon the market. In two
dsys the entire lIsa Of Russian securities
declined six points, and. although the
Russian government has made large
purchases In its effort 10 Sustain lie
ersdii. The decline continues.
This unexpected financial cheek has
sompelId the Russian government TO
snsyend ils refundinR operations. An
effort vas maas 10 induce . syndissie
OF French bankers 10 plsee the requisite
loan. bet u failed. and.thsre cannot be
found g banker whs will touch the loan
OF render The Cars minis ers the
slightest asslasance 10 their Efforts 10
place Russian credit upon q more secure
footing.
TIE object Of this financial warfare
Il easily disceFnibie. Rassia has been
greatly bampered in carrying cut her
ambitions projects By = chronic lack Of
funds. TO the inability Of tha Car 10
obtain The ready cash necessary 10 car
y on var. the preservation Of The peace
Of Earope has several tines besa due.
Tho saecessfal placing Of the rev re-
funding loan woaid have raised the |
credit Of Russia materially, and would /
have relieved The Cars goyernmsnt Of |
The anAnoiAl stringsoey which has % /
long inteFfsrea With iis operations. Il
wOald have plased Rassia In cay cir
eamsaAEsss. - 10 vsrs, and would have
rsndessd u much more easy for The
onaF 10 usRs war when the next cppor.
tanity feE doing 80 arrives.
he German government aid nos de-
sirs Ia see Rassis thus free 10 4haster
The psaes Of EaFope vhsn 10 theaEht
q to Do %. Espeoially Al this tine.
whsn tsa seiAsioas between FrAace and
GsrmAny are strained 10 shs uinoss
and The sYmpathies % The RassiAn gov
erumant and peeple are nstogfously
With Fssnee. uoald Is please he Berlin
10 have RosSiA aaarsiAlly
embarrassed. Bismarck aeeordinaly
10 pssveut the nsEosiatioa
% he Russian Fsfandiaz ioan, IL POS.
ssele. even a iks Eisk az iacarrlna TIE
3isplessare % the CEaF. sad vita teis
sd ia viss ths sseseEsful assaaIi upon
y AaNA48 e4&NtA W&a 0GEAAa
This h = zee uethod q warfare. ara
ihs spocsS opsEs aeld ef possibilities.
u cne Rgvess@ena = 20 powerful in the
asAsSiAi vorid ihAi Il l. able 10 DEGREES
ne ssssrssiss Asa destroy ths oseast Of
znutssF eo~eFnnaSai a. viii. waat i The
ass q ne maintaining Arzie4 aza
ssvissl 4 san aSAS Sc battles il tie
asNnosas ss1isrs and sseare vicsoEy ~
sesassins i tUrssabse Ter he sasrny %
Sase saE. II thess esys ear easnos b
asEsssA ca wiahaai an sEaruaoaa En-,
psadiiars II ususy. ar3 sssusy saaaos
b esssie~t wssAaas srslss. gsas Rsv
sFsasat a AKA 10 FNvsal ansshss
fssn secarsns casey g = sssstsr e ne
sssAaiiao. TIE lnSsator II as rseahos
81 Fsasefai aitAsk ls a Renias. aad IL q I
" hs hoVsa taxi als ssrvsess vsll b az
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